Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 6 of 6
Full-Text Articles in Entire DC Network
An Empirical Examination Of The Grant Induced Price And Income Effects Of Lump-Sum Intergovernmental Aid., Peter Michael Mitias
An Empirical Examination Of The Grant Induced Price And Income Effects Of Lump-Sum Intergovernmental Aid., Peter Michael Mitias
LSU Historical Dissertations and Theses
This work is concerned with the nature of fiscal illusion and its effect on local government spending. Fiscal illusion is hypothesized to be a source of the "flypaper effect." The flypaper effect is an empirical phenomenon of the asymmetric effects of income and intergovernmental aid on the level of local public spending in the context of demand models of the local fisc. Lump sum aid is observed to be more stimulative on the level of public expenditures than income (Gramlich and Galper 1973). As a method of explaining this phenomenon, tax-price and income illusion are incorporated into demand models of …
An Analysis Of Medium Of Exchange In Takeovers., Yuan-Shing Liao
An Analysis Of Medium Of Exchange In Takeovers., Yuan-Shing Liao
LSU Historical Dissertations and Theses
This dissertation provides a detailed analysis of the medium of exchange in corporate takeovers. Previous theoretical works and empirical evidence suggest three distinct (but not necessarily mutually exclusive) elements of information asymmetry: the bidder's value, the target's value, and the synergy from a takeover. Chapter two of this dissertation integrates the theory of financial intermediation into the research of the medium of exchange in takeovers. The research question is how the bidders with favorable information employ financial intermediaries, such as accounting firms, investment banks, and commercial banks, to reduce the market's unfavorable reaction to announcements of equity-financed takeovers. Chapter three …
Approach-Avoidance Behavior Of Consumers As Influenced By Existing And Supplemental Merchandise Display Lighting., Paulette R. Hebert
Approach-Avoidance Behavior Of Consumers As Influenced By Existing And Supplemental Merchandise Display Lighting., Paulette R. Hebert
LSU Historical Dissertations and Theses
This study explored the influence of lighting on consumer approach-avoidance behavior. A methodology was developed to empirically measure the approach-avoidance behavior of consumers. Supplemental lighting on merchandise displays in two non-urban retail stores was temporarily installed and manipulated On or Off to test for the effects on consumer behaviors of Time at Display, Number of Items Touched and Number of Items Picked Up. Video cameras were positioned to record consumers' actions at each display. Subjects consisted of an accidental sample of consumers who visited the field settings, a hardware store and a western/apparel feed store, during the two consecutive weekends …
A Double-Hurdle Expenditure Analysis Of Nonconsumptive Wildlife-Related Recreation., Yeong-Nain Chi
A Double-Hurdle Expenditure Analysis Of Nonconsumptive Wildlife-Related Recreation., Yeong-Nain Chi
LSU Historical Dissertations and Theses
This study utilized cross-sectional data obtained from the 1991 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation to analyze the expenditures and consumption of nonconsumptive wildlife related recreation in the Lower Mississippi Valley Ecosystem area. In the process of selecting an appropriate model most consistent with individuals' consumption behavior associated with nonconsumptive wildlife related recreation, the tobit model and the double-hurdle model for both the primary nonresidential and residential expenditure models were evaluated. Based on the Lagrange multiplier test and the likelihood ratio test results, the double-hurdle model fit the data much better than the tobit model. The hypothesis that …
An Investigation Of The Motives In Going-Private Transactions: The Case Of Re-Lbos., Arman Kosedag
An Investigation Of The Motives In Going-Private Transactions: The Case Of Re-Lbos., Arman Kosedag
LSU Historical Dissertations and Theses
The commonly understood and traditional forms of termination for a public firm are the takeover and bankruptcy. "Going private" is a new and interesting third alternative. Once the "going public" option--a significant number of observed reverse leveraged buyout (LBO) cases--is taken into account, however, the fundamental difference between this new alternative and traditional ways becomes apparent. Even more fascinating than the "public-to-private private-to-public" move is the fact that some companies go private again. This dissertation examines the phenomenon of re-LBOs; that is, the practice of going private via management buyout, then reobtaining public status through a new initial public offering, …
Two Essays On Intraday Information Processing Of Stock Index Derivatives., Raymond Waiman So
Two Essays On Intraday Information Processing Of Stock Index Derivatives., Raymond Waiman So
LSU Historical Dissertations and Theses
The purpose of this dissertation is to examine two issues in intraday information processing among the spot index and index futures and index options. The first issue is price discovery. The second one is volatility spillover, especially the asymmetric effects of innovations in one market on the volatility of other markets. In this dissertation, data on the German stock and index derivative markets are employed. The choice of Germany is primarily due to data availability. Therefore, the German data employed here are mainly for illustrative purposes and this study is not country specific. The choice of German data is also …